George Zacharias, MD, Yahoo! India has decided to move on from the Internet company to pursue his own entrepreneurial interests. Keith Nilsson, VP – International Emerging Markets, who is based in Singapore, will step in to head the Yahoo! India leadership team. Zacharias would continue to work with the team over the next 4-6 weeks to ensure a smooth transition, an official communiqué stated.
Speaking on his decision to move out of the company, Zacharias said, “Yahoo! India has been growing at a robust pace and the journey has been both challenging and rewarding. This decision has been a tough one but as I leave a well-oiled, strong leadership team and move on to set up a young organisation, I wish to thank Yahoo! for all the support during my tenure and know that Yahoo! India will continue to scale greater heights as the leading Internet company in this country.”
Nilsson said, “We wish George success in achieving his personal goals. As India continues to be a major focus for Yahoo!, we are excited about the aggressive pace that we have set ourselves to realize the enormous opportunities in this market, and grow the business both organically and inorganically”